Bond Kommerzbank AG 0.02% ( DE000CB0HRP1 ) in EUR

Issuer Kommerzbank AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000CB0HRP1 ( in EUR )
Interest rate 0.02% per year ( payment 1 time a year)
Maturity 27/09/2023 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 10 000 000 EUR
Detailed description Commerzbank AG is a major German bank offering a wide range of financial services including corporate banking, private banking, and asset management, with a significant international presence.

An analysis of a recently matured debt instrument reveals key characteristics pertinent to fixed-income securities within the European financial landscape. The bond, identified by ISIN DE000CB0HRP1, was issued by Commerzbank AG, one of Germany's leading commercial banks. Headquartered in Frankfurt am Main, Commerzbank operates as a universal bank, serving corporate and private customers, and maintains a significant presence in both the German and international financial markets, contributing substantially to the stability and liquidity of the euro bond market. Its standing as an issuer reflects its financial health and access to diversified funding sources. This particular obligation, denominated in EUR and originating from Germany, featured a remarkably low annual interest rate of 0.02%. With a total issuance size of EUR 10,000,000, the bond was structured with a minimum purchase lot of EUR 100,000, indicating its likely appeal to institutional investors or high-net-worth individuals. Its coupon payments were scheduled annually. The bond reached its full maturity on September 27, 2023, with its market price observed at 100% of its face value at that time. Crucially, this obligation has successfully matured and has been fully repaid, affirming Commerzbank AG's commitment to its debt obligations and illustrating the predictable principal repayment mechanism inherent in fixed-income investments upon reaching their redemption date.